Driven by factors like exponential growth in the Bitcoin market and listing of Bitcoin SV (BSV) on major crypto exchanges, the BSV blockchain announced to expand in Nigeria, South Africa, and Russia as a part of its global expansion plan.
Since BSV is one of those crypto assets that has performed exceptionally well in recent times, the expansion is a step forward to increase its geographical presence and to empower users to buy it on BuyBSV.com using their MasterCard or VISA.
What Is BuyBSV.com?
BuyBSV.com is a website jointly powered by the virtual cryptocurrency trading platforms CoinGeek and Coinify, which allows users to buy BSV and deliver it to their BSV wallet.
Simply put together, one needs to have a BSV account and a crypto wallet to store, receive, and send BSV. Transactions can be facilitated by either credit cards or debit cards or bank transfer.
What Is Bitcoin SV (BSV)?
Bitcoin Satoshi Vision (SV) is a decentralized cryptocurrency that was created in 2018 with the purpose of giving miners an alternative while allowing developers to build reliable decentralized applications (dApps) and platforms on it.
However, the main motive behind creating BSV was to reduce transaction fees. BSV aims to restore the original Satoshi Bitcoin protocol while keeping the Bitcoin stable and scalable.
Why Does Bitcoin SV (BSV) Need to Expand?
BSV boasts several features that entice both users and businesses with equal interest. These features suggest that the day is not far when BSV will take over the existing payment systems across the world. Let’s look at some of the promising features that BSV holds:
- Convenient usability
- Lower transaction fees compared to traditional payment fees
- Stability and scalability
- Safe, secure, and instant transactions
With the latest expansion, the BSV blockchain will have its presence in almost every part of the world. The growing popularity of BSV can be understood by the fact that it has been integrated by some major Bitcoin cash applications, including Money Button, HandCash, Keyport TV, and Centbee. Also, there are many companies that have started adopting BSV as a payment method for their services. Apart from this you can read current Bitcoin SV news, live prices and more updates from our other sections.